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$354,900

Beds
Unknown
sq ft
Unknown

2977 5th St SW, Atlanta, GA 30315

2977 5th St SW

Atlanta, GA 30315

  • 61 days on market
Back on the market—no fault of the seller! This turnkey, income-producing short-term rental generates $4,000 to $4,500 per month on Airbnb and VRBO. The property features a 2-bedroom, 1-bath main home plus a 1-bedroom, 1-bath suite, offering flexible living and rental options—perfect for both homeowners and investors. The seller has completed extensive improvements, and the property passed the buyer’s inspection. It remains actively booked, with 30 to 45 days of rental history available upon request. Showings by appointment only—please do not disturb guests. Located just minutes from Atlanta Airport, major highways, and downtown Hapeville, this high-demand property offers suburban charm, city convenience, and a thriving rental market. Whether you're looking for a profitable investment or a home with income potential, this one checks all the boxes!

Details

Property type

Est. home value

$245,269

Property condition

Updated/Remodeled

Lot size

0.25 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$3,809

HOA

No

Price History

03/28/2025
FMLS

FMLS #7516550

Price change
$354,900
+1.43%
03/27/2025
FMLS

FMLS #7516550

Listed
$349,900
03/19/2025
FMLS

FMLS #7516550

Pending
$349,900

Schools & Community

Neighborhood: 

Hammond Park

Elementary school: 

Emma Hutchinson

Middle school: 

Crawford Long

High school: 

South Atlanta

Community features: 

Airport/Runway

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$134,582
Asking price
$354,900
Closing costs (~8% of asking)
-$28,392
Est. remaining loan balance
-$191,926
Cash to seller
$134,582

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Southpoint Financial

Loan start date

July 2021

Original loan amount

$208,550

Est. remaining balance

$191,926

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Oireme Higo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 4:30 PM

Listing updated: 03/31/2025 at 10:51 AM

Listed by: Gabriel Bettsack, Keller Williams Realty Atl North Phone #: (770) 509-0700

MLS: FMLS #7516550

FMLS logo

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